Frugal Princess
- Assets
- $67.3k
- Revenue
- $57.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 10/2009
- Data as of
- 12/2022
- EIN
- 27-0517866
Organization Overview
Frugal Princess is located in Myrtle Beach, SC. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frugal Princess is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Maria Clayton President | 1 | $0 | |
Michael F Clayton Sec & Tres | 1 | $0 | |
Anthony Maria Vice President | 1 | $0 | |
Nicholas Maria Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,559 |
| Capital Gain Net Income | $57,559 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $67 |
| Total operating and administrative expenses | $67 |
| Contributions, gifts, grants paid | $28,635 |
| Total expenses and disbursements | $28,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,093 |
| Savings and temporary cash investments | $197 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $67,290 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Frugal Princess has awarded $28,635 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICA NEW LIFE PURPOSE: PROVIDE BASIC PROVISIONS FOR CHILDREN AND FAMILIES IN RWANDA, INCLUDING PRIMARY AND COLLEGE LEVEL EDUCATION | $1,460 |
BLACKSBURG MASTER CHORALE PURPOSE: ENRICHES THE LIVES OF ITS MEMBERS AND THE COMMUNITY IN THE ARTS, CULTURE AND HUMANITIES, MUSCIAL EDUCATION FOR CHILDREN | $500 |
BOYS & GIRLS CLUB OF THE GRAND STRAND PURPOSE: PROMOTE AND ENHANCE THE DEVELOPMENT OF BOYS AND GIRLS BY INSTILLING A SENSE OF BELONGING, USEFULNESS, INFLUENCE AND COMPETENCE TO SUCCESSFULLY COMPLETE THEIR EDUCATION AND PROVIDE NECESSARY SUPPLIES | $500 |
CHILDREN'S MIRACLE NETWORK HOSPITALS PURPOSE: PROVIDE HOSPITALIZED MEDICAL SERVICES TO SAVE AND IMPROVE THE LIVES OF AS MANY CHILDREN POSSIBLE AT NO CHARGE | $200 |
EASTERN CAROLINA HOUSING ORGANIZATION PURPOSE: ECHO'S MISSION IS TO BREAK THE CYCLE OF HOMELESSNESS EXPERIENCED BY INDIVIDUALS AND FAMILIES IN OUR COMMUNITY | $150 |
FREEDOM READERS INC PURPOSE: PROVIDE THE OPPORTUNITY TO IMPROVE READING SKILLS IN LOW-INCOME COMMUNITIES BY PROVIDING ONE TO ONE VIRTUAL LITERACY TUTORING (COVID), INSPIRATION AND FREE BOOKS FOR HOME LIBRARIES | $150 |